Financier Backed Haftar's Failed Tripoli Offensive, Leaving Libyans in Debt

A new report reveals a Libyan financier enabled '$300m in loans' to fund Haftar's disastrous Tripoli offensive, saddling the public with unpaid debts.
Libyan authorities have faced little accountability for a financier who enabled millions in loans to fund a failed offensive on the capital Tripoli by renegade military commander Khalifa Haftar, according to a new report.
The offensive, which began in April 2019, left the Libyan public burdened with unpaid loans totaling an estimated $300 million, said the report by the Global Initiative Against Transnational Organized Crime.
The financier, Husni Bey, helped secure the loans from local banks and facilitated the flow of funds to Haftar's forces, the report found. Despite the public fallout, Bey and other key figures have faced no consequences for their actions.
Source: Al Jazeera


